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Wobbling my way out of debt
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Yay that's great well done. Definitely deserve some brownies to celebrate! What's your plans now for the money you were putting towards the loan?*Dad loan - £5300 - £7200
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£400
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £840
*Total debt - £8440/£11641.17*
Savings
*Savings Buffer - £1000/£1500
*Emergency Fund - £1010/£1500
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1 -
Fantastic result to see that consolidation loan gone.I’m a Forum Ambassador and I support the Forum Team on the Debt free Wannabe, Budgeting and Banking and Savings and Investment boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
The 365 Day 1p Challenge 2025 #1 £667.95/£301.35
Save £12k in 2025 #1 £12000/£80001 -
Well done! Are you going to frame that statement, possibly paint the frame gold if you have some paint already, of course!1
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Delurking to say well done FTD, that’s brilliant! Such a milestone - enjoy those brownies!Debt at LBM (Dec 2018): £23,167
Debt free Feb 20211 -
Thanks @sarahwithloveSarahwithlove said:Yay that's great well done. Definitely deserve some brownies to celebrate! What's your plans now for the money you were putting towards the loan?
We're going to use the money to help pay down the CC, we were going to put it all that way and clear the card really quickly but we have a few bits to do to the house so going to take our time paying down the CC (it's 0% interest) so no hurry.Wobbling my way out of debt one month at a time
Credit Card £0/£3,161 0% interest PAID IN FULL 29/01/2021
Loan £0/£23,179 5.4% PAID IN FULL 31/08/2020
Total £0/£26,340 100%
DEBT FREE AS OF 29/01/2021
wobbling-my-way-out-of-debt0 -
100% didn't think I would ever see the day, the worst bit is I want to tell everyone but it's not really something you just randomly tell people.enthusiasticsaver said:Fantastic result to see that consolidation loan gone.Wobbling my way out of debt one month at a time
Credit Card £0/£3,161 0% interest PAID IN FULL 29/01/2021
Loan £0/£23,179 5.4% PAID IN FULL 31/08/2020
Total £0/£26,340 100%
DEBT FREE AS OF 29/01/2021
wobbling-my-way-out-of-debt0 -
I will definitely cherish the letter that says the account is now closed for sure.Humdinger1 said:Well done! Are you going to frame that statement, possibly paint the frame gold if you have some paint already, of course!Wobbling my way out of debt one month at a time
Credit Card £0/£3,161 0% interest PAID IN FULL 29/01/2021
Loan £0/£23,179 5.4% PAID IN FULL 31/08/2020
Total £0/£26,340 100%
DEBT FREE AS OF 29/01/2021
wobbling-my-way-out-of-debt0 -
Thanks for delurking @astrocytic_kitten I remember yours was one of the first diaries I read on here. Since moving to this new format, I've been rubbish at keeping up with everyone, I only found out about the bell icon the other day that tells you about updates to threads you're subscribed to (odd really as I wouldn't say I was technically inept)astrocytic_kitten said:Delurking to say well done FTD, that’s brilliant! Such a milestone - enjoy those brownies!Wobbling my way out of debt one month at a time
Credit Card £0/£3,161 0% interest PAID IN FULL 29/01/2021
Loan £0/£23,179 5.4% PAID IN FULL 31/08/2020
Total £0/£26,340 100%
DEBT FREE AS OF 29/01/2021
wobbling-my-way-out-of-debt0 -
Sorry for the radio silence, it's been a bit deflating to be honest since the loan is gone.
1st pay day without the loan, I've moved some money around and paid £145 off the Credit Card.
I could have paid a little more off but there are some bits I want to buy for the house so I've kept some money back.Wobbling my way out of debt one month at a time
Credit Card £0/£3,161 0% interest PAID IN FULL 29/01/2021
Loan £0/£23,179 5.4% PAID IN FULL 31/08/2020
Total £0/£26,340 100%
DEBT FREE AS OF 29/01/2021
wobbling-my-way-out-of-debt1 -
I don't blame you it's about finding the right balance between clearing debts and living life.*Dad loan - £5300 - £7200
*Virgin Credit Card - £3552.50 - £0
*Natwest - £1828.35 -£400
Barclaycard - £2315.25 - £0.00
Creation Finance - £960.32 £840
*Total debt - £8440/£11641.17*
Savings
*Savings Buffer - £1000/£1500
*Emergency Fund - £1010/£1500
New diary- https://forums.moneysavingexpert.com/discussion/6474943/the-three-cs-coffee-clothes-credit-cards/1
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